Money Missing From City Coffers

An audit of a Kentucky city found nearly $764,000 in missing cash receipts, undocumented personal expenses and account credits over a six-year period ending last year.Findings of the audit have been turned over to Kentucky State Police and an investigation is ongoing, according to reports.Certified public accountant Linda Gray outlined how the money disappeared from the City of Bardstown coffers during an audit presentation this month to the City Council. She says iks appears a former employee took the cash payments from customers before depositing them.

Source: MG News

Return to News